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Gasper James

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Smart Office Market 2019 Analysis by ABB, Honeywell, Philips, Siemens, Crestron Electronics, Johnson
Smart Office Market 2019-2025: The Global Smart Office Market was valued at USD 18.96 billion in 2016 and is projected to reach USD 56.28 billion by 2025, growing at a CAGR of 12.85% from 2017 to 2025., 3/14/2019 - Actionable, reliable and all-inclusive report on Global Smart Office Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2025 published by Decision Market Reports provides exhaustive research capabilities, strong analytics services and data validation.

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The major players in the market are as follows:

1. Schneider Electric SA

2. Honeywell International Inc.

3. ABB Ltd.

4. Siemens AG

5. Philips Lighting Holding B.V.

6. Crestron Electronics, Inc.

7. Johnson Controls International PLC

8. Lutron Electronics Co. Inc

9. Cisco Systems, Inc.

10. United Technologies Corporation

11. Enlighted, Inc.

12. Foghorn Systems

13. Sensorsuite Inc.

Smart Office Market 2019 Analysis by ABB, Honeywell, Philips, Siemens, Crestron Electronics, Johnson Controls International, Lutron Electronics, Cisco Systems & more) Industry to Reach US$ 57 billion, growing at 13% CAGR by 2025 |

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Smart Office is defined as the integration of technology into a physical office space where the organization?s tasks are made simpler and flexible with the use of network based devices. Smart Office solution provides the organization with several benefits including ? schedule management, analytics, cooperative communication, cloud storage, accurate time management, high returns on investments, automation, greater customer satisfaction, risk management, identity management, resource utilization, and provide connected integrated systems.

Market Dynamics:

1. Market Drivers

1.1 Adoption of cloud-based environment of IoT platforms

1.2 Helping government regulations

1.3 Emergence of IoT for smart office solutions

1.4 Increasing need for safety and security systems at workplace

1.5 Rising demand for smart office solutions

2. Market Restraints

2.1 Issues with the integration of real-time streaming analytics capabilities into smart systems

2.2 Issues with the replacement of existing system

Market Segmentation:

The Global Smart Office Market is segmented on the office type, component, product, and region.

1. Office Type:

1.1 New Construction Offices

1.2 Retrofit Offices

2. By Component:

2.1 Software

2.2 Services

2.2.1 Managed services

2.2.2 Professional services Support and maintenance services Consulting services

3. By Product:

3.1 Energy Management Systems

3.1.1 Smart Plugs

3.1.2 Smart Thermostats

3.1.3 In-House Displays

3.1.4 Load Control Switches

3.2 HVAC Control Systems

3.2.1 Smart Vents

3.2.2 VAV and FCU Controllers

3.2.3 Dampers

3.2.4 Actuators

4. By Region:

4.1 North America (U.S., Canada, Mexico)

4.2 Europe (Germany, UK, France, Rest of Europe)

4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)

4.4 Latin America (Brazil, Argentina, Rest of Latin America)

4.5 Middle East & Africa

For Better Insights

Table of Content


1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions



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